Org.nr 827 816 612 2021 → 2022 Year-over-year analysis

4E HOLDING AS: årsregnskap 2022 vs 2021

Another loss-making year

approved 2023-06-12; registry 2023-06-21; journal 2023 504753

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 4E HOLDING AS. Net result -6 NOK → -4 723 NOK. Equity 21.4k NOK → 16.7k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 4E HOLDING AS.

Scorecard

Revenue
n/m 0 NOK
—
Operating result
-6 NOK -4 723 NOK
-78616.7%
Net result
-6 NOK -4 723 NOK
-78616.7%
Equity
21.4k NOK 16.7k NOK
-22.0%
Cash
30.0k NOK 23.1k NOK
-23.1%
Total assets
230.0k NOK 473.1k NOK
+105.7%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -6 NOK → -4 723 NOK. Calculated

  • ↓

    Net result weakened

    Net result -6 NOK → -4 723 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 21.4k NOK → 16.7k NOK (equity ratio 9.3% → 3.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 30.0k NOK → 23.1k NOK (-23.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 200.0k NOK → 450 NOK. Reported fact